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Eritrea

ER · currency ERN (Eritrean nakfa)

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Overview

  • Population

    3.6M

    people · 2025

    World Bank

  • GDP

    not available

    No annual figure reported

  • Inflation

    not yet covered

  • Policy rate

    not yet covered

  • Official exchange rate

    not yet covered

    World Bank annual average

  • Retail remittance rate retail

    14.62

    ERN per US$1 · 8 Oct 2026, 06:15 UTC

    Remitly

Coverage: 21 of 40 annual indicators reported, latest years 2016–2025. Gaps read “not available” (source has no figure) or “not yet covered” (not yet collected), never zero.

Currencies & Rates

Official and market exchange rates, policy rates, government yields, bank rates, reserves and stock indices.

Exchange rates

ERN per US$1. Official and market rates are separate series and are never blended.
SeriesRateAs ofSource
Official rate not yet covered
Retail remittance rate retail 14.62 8 Oct 2026, 06:15 UTC Remitly
Market premium% by which the market rate exceeds the official rate not yet covered — needs both an official and a market rate

Official rate, 10-year annual average (ERN per US$1, World Bank)

1515.51620142017202020232025

Policy rate

not yet covered

Government securities yields

not yet covered

Annual indicators

Annual indicators · latest year reported for Eritrea · change over the period shown
Indicator Latest Year Change Source Data
FX reserves Current US$, total reserves including gold includes gold $191.7M 2019 ↑ $39.9M since 2014 World Bank CSV Rank Compare

Not available for Eritrea: Lending rate, Deposit rate.

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Economy & Prices

Output, growth, inflation, jobs, investment, the structure of the economy and minimum wages.

Inflation % change from a year earlier

not yet covered

Annual indicators

Annual indicators · latest year reported for Eritrea · change over the period shown
Indicator Latest Year Change Source Data
Unemployment % of labour force ILO modeled estimate — national definitions differ 6% 2025 ↑ 0.3 pts since 2014 World Bank CSV Rank Compare

Not available for Eritrea: GDP, GDP growth, GDP per capita (PPP), GDP per capita growth, Investment rate, Agriculture share of GDP, Manufacturing share of GDP, Services share of GDP.

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Public Finance & Debt

Government revenue, budget balance, public and external debt, debt service and sovereign credit ratings.

Sovereign credit ratings

No published sovereign rating recorded

Annual indicators

Annual indicators · latest year reported for Eritrea · change over the period shown
Indicator Latest Year Change Source Data
Government revenue / GDP General government revenue, % of GDP 34% 2019 ↑ 12.5 pts since 2014 IMF DataMapper CSV Rank Compare
Budget balance / GDP General government net lending/borrowing, % of GDP Latest 1–2 years are IMF estimates 2.7% 2019 ↑ 2.8 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
Debt to GDP General government gross debt, % of GDP Latest 1–2 years are IMF estimates 260.4% 2019 ↑ 55.9 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
Gross debt (national currency) General government gross debt, local currency Latest 1–2 years are IMF estimates ERN 77.8B 2019 ↓ ERN 4.1B since 2014 IMF World Economic Outlook Oct 2025 CSV
External debt Total external debt stocks, current US$ $693.3M 2024 ↓ $214.3M since 2014 World Bank CSV Rank Compare

Not available for Eritrea: Debt service / exports.

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Trade & Resources

Exports, imports, trade partners and products, investment and remittance flows, oil and commodities.

Trade profile

Goods and services, current US$
FlowLatestChange
Exports not available —
Imports not available —
Balance derived not available —

Product and partner detail: no recent report

Commodity exposure for Eritrea →

Annual indicators

Annual indicators · latest year reported for Eritrea · change over the period shown
Indicator Latest Year Change Source Data
Current account / GDP Current-account balance, % of GDP Latest 1–2 years are IMF estimates 13% 2019 ↓ 4.7 pts since 2014 IMF World Economic Outlook Oct 2025 CSV Rank Compare
FDI inflows Foreign direct investment, net inflows, current US$ $-27.9M 2024 ↓ $74.5M since 2014 World Bank CSV Rank Compare
Terms of trade Net barter terms of trade, index (2015 = 100) 99.00 2024 ↓ 6.80 since 2014 World Bank CSV Rank Compare
Tourist arrivals International tourist arrivals per year 142,000 2016 ↑ 23,000 since 2014 World Bank CSV Rank Compare

Not available for Eritrea: Exports of goods and services, Exports per capita, Remittances.

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People & Society

Population, health, education, poverty and inequality, access to services and democracy.

Annual indicators · latest year reported for Eritrea · change over the period shown
Indicator Latest Year Change Source Data
Population People, total 3.6M 2025 ↑ 511,830 since 2014 World Bank CSV Rank Compare
Median age Years 18.7 years 2023 ↑ 1.3 years since 2014 UN WPP 2024, via Our World in Data CSV
Life expectancy Years at birth 68.9 years 2024 ↑ 3.4 years since 2014 World Bank CSV Rank Compare
Child mortality Under-5 deaths per 1,000 live births 34.3 per 1,000 2024 ↓ 13.8 since 2014 World Bank CSV Rank Compare
Health expenditure Current health spending, % of GDP 3.7% 2023 ↓ 0.2 pts since 2014 World Bank CSV Rank Compare
Physicians Per 1,000 people 0.1 per 1,000 2022 ↑ 0 since 2014 World Bank CSV Rank Compare
Tertiary enrollment Gross enrolment ratio, % 3.2% 2016 ↓ 0.9 pts since 2014 World Bank CSV Rank Compare
Electricity access % of population 55.3% 2024 ↑ 10.7 pts since 2014 World Bank CSV Rank Compare
Internet users % of population using the internet 14.3% 2020 ↑ 13.4 pts since 2014 World Bank CSV Rank Compare
Electoral democracy V-Dem electoral democracy index, 0 to 1 0.07 2025 ↓ 0.00 since 2014 V-Dem Institute CSV Rank Compare

Not available for Eritrea: Adult literacy, Poverty ($3/day), National poverty line, Gini index, Account ownership.

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Downloads

Each indicator row above has its own CSV link. Every file starts with its source, source URL and page link. All downloads

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